107: Choosing Side Hustles (& Happiness!) Over Full-Time Employment with Financial Panther

BiggerPockets Money Podcast

BiggerPockets

Investing, Education, Business

4.6 • 2.9K Ratings

🗓️ 13 January 2020

⏱️ 73 minutes

🔗️ Recording | iTunes | RSS

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Summary

Financial Panther (Kevin) went to law school, graduated from law school, and took a job as an attorney. Attorneys make a lot of money, right? So, with all this income potential, why is he doing side hustles that pay him significantly less? Happiness. Being an attorney didn’t make Kevin happy. In fact, it made him decidedly unhappy. He changed jobs several times but in the end decided being a lawyer simply wasn’t for him. So, he left the field to pursue fun things that he liked doing. Kevin loves to be outside. He lives near a university in a large city. He loves dogs. Put that all into a shaker, and out comes Kevin 2.0. Kevin 2.0 takes dogs for walks during lunchtime. He gets out of his downtown office (he makes himself go to a co-working space so he accomplishes things every day) and delivers meals to office workers who can’t get away. Kevin walks dogs around the downtown area for their owners who can’t get away at lunchtime to take them out. Kevin charges scooters overnight, and on his way home, he delivers even more meals. Best of all? Kevin gets to spend time outside almost every single day. He does what he CHOOSES to do, regardless of what it pays. Financial freedom isn’t about quitting your job. It's about living your best life, which Kevin 2.0 is now doing. In This Episode We Cover: Kevin's journey with money How he started learning about money His position when he got his first paycheck The differences between his salary at the big law firm versus at the non-profit job How Kevin and his wife handle student loan debt How he generate his income in spite of being unemployed Kevin's side hustles The reason why he does side hustles instead of doing law-related jobs What his day and night looks like while doing his side hustles Tips on reselling things And SO much more! Links from the Show Rover.com Airbnb Postmates DoorDash Food Delivery Uber Eats Grubhub Wag! Become a Bird Charger Bird Charger and Lime Juicer - Financial Panther Craigslist Facebook Marketplace eBay Mad Fientist BiggerPockets Money Podcast 20: The Simple Path to Wealth—Index Funds Explained with JL Collins BiggerPockets Money Facebook Group BiggerPockets Money Survey Check the full show notes here: https://www.biggerpockets.com/moneyshow107 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Bigger Pocket's Money Podcast, Show Number 107, where we interview Kevin
0:05.4	Ha from Financial Panther and get his story of financial independence.
0:10.1	It only takes up a lot of time if you're like really going out of your way to do it.
0:13.3	Like if you're like kind of incorporating it into the stuff you're already doing,
0:17.2	then it really doesn't feel like you're like adding hours to your day, you know, so it's like
0:22.1	if you're walking a dog during your
0:23.2	lunch break does that count as you working a half hour or like was that like
0:27.7	time that would have been spent doing nothing anyway, right? Same with like my
0:31.3	commute home. It's like if I'm doing delivery on my way home, is that work or is that like I'm just getting paid to go home?
0:37.0	Hello, hello, hello, my name is Mindy Jensen and with me as always is my fantastic co-host Scott Trench. Scott and I are here to make financial independence less scary, less just for somebody else and show you that by following the proven steps you can put yourself on the road to early
0:54.0	financial freedom and get money out of the way so you can lead your best life.
0:58.8	Wherever you are in your financial or life journey you can begin rapidly moving
1:02.1	towards a position capable of
1:03.5	generating a great income, saving a huge percentage of that income, and
1:06.9	setting yourself up to make larger and larger investments on your way to
1:10.0	financial freedom. And whether you want to retire early and travel the world, go on to make big-time investments in to towards this dreams. Scott and I are super excited to announce that we have a new Facebook group.
1:26.0	Go to Facebook.com slash groups slash BP Money to join.
1:31.0	And we would like to make sure that we are giving you the show that you want to listen to.
1:36.0	We're thinking hard about ways to make this show even better and we really want your feedback.
1:42.0	So if you would take five minutes out of your day and go to
1:45.4	bigger pockets.com slash money survey, there's a few questions to answer. It's a very quick thing and that way it helps us make the show what you're looking for
1:56.5	Please do join that Facebook group. We love just chatting about whether it's the show general money topics or whatever or or even just terrible jokes will be in it and
	...

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